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The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value
6 references·16 citing·47 second hop
The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value (1987)The Disparity Between Willingness to Acce…Economic Theory of Choice and the Preference Reversal Phenomenon (2006)Economic Theory of Choice and…Individual Rationality, Market Rationality, and Value Estimation (2000)Individual Rationality, Marke…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value (1984)Willingness to Pay and Compen…Measuring Values of Extramarket Goods: Are Indirect Measures Biased? (1979)Measuring Values of Extramark…COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)COUNTERSPECULATION, AUCTIONS,…Understanding Hypothetical Bias: An Enhanced Meta‐Analysis (2018)Understanding Hypothetical Bi…A new meta-analysis on the WTP/WTA disparity (2014)A new meta-analysis on the WT…Do individual investors learn from their trading experience? 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this work references cited by second hop

References

  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1961COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS7,719 cited
  • 1979Measuring Values of Extramarket Goods: Are Indirect Measures Biased?1,176 cited
  • 2006Economic Theory of Choice and the Preference Reversal Phenomenon1,173 cited
  • 1984Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value1,062 cited
  • 2000Individual Rationality, Market Rationality, and Value Estimation128 cited

Cited by

  • 1995The theory of peak-load pricing: A survey369 cited
  • 2007Experimental auctions methods and applications in economic and marketing research355 cited
  • 2007Information Cascades: Evidence from a Field Experiment with Financial Market Professionals315 cited
  • 1995Valuing Food Safety in Experimental Auction Markets315 cited
  • 1987Measuring the Value of a Public Good: An Empirical Comparison of Elicitation Procedures309 cited
  • 2001A random nth-price auction288 cited
  • 2018Understanding Hypothetical Bias: An Enhanced Meta‐Analysis275 cited
  • 2008Do individual investors learn from their trading experience?253 cited
  • 1998

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Calibration of the difference between actual and hypothetical valuations in a field experiment
229 cited
  • 2014A new meta-analysis on the WTP/WTA disparity229 cited
  • 1993Using Laboratory Experimental Auctions in Marketing Research: A Case Study of New Packaging for Fresh Beef223 cited
  • 1991Theory, Experiment and Economics217 cited
  • 1999Why the WTA–WTP disparity matters215 cited
  • 2001A Psychological Perspective176 cited
  • 1996Valuing Public Goods: Discrete versus Continuous Contingent-Valuation Responses175 cited
  • 2006What Do Laboratory Experiments Tell Us About the Real World174 cited